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, bending without breaking i don't want to be preachy. go back to some of my father's music, which is amazing. it is still relevant. it's amazing. he left me with a lot of music i can rest her back to. >> it impacted your life and your song stylings. why is it important to take that ? you could be singing lyrics that are totally different. why is it important to do it that way? universei put into the is so important to me. to say,eople to be able she really talked about what was happening, what was going on, and it was a history lesson. it has always been important to me. i love blues music so much. it. ithe potential of want it for the rest of the world. in order to do that, i have to evolve and grow so the music can evolve and grow. i had been singing for 15 years. to getsaid, i am going voice lessons so i can learn to sing. evolve andonstantly grow so the music can. that's what i am trying to do. much pushback do you get for being straight forward in your lyrical content, or is it welcomed? >> i think it is welcomed by most. the other ones we ain't going to worry about. tavis: h
. >> do you want me to wait outside? >> don't worry about it, i have to go anyway. i will talk to you later. i will see you this weekend. >> i hope so. to ski in vermont with my devices. >> i hate you so much. >> was that you kissing a white man? >> it was not my first white man. i know, but just -- >> i like all flavors, tavis. tavis: we know one piece of the story line here. what is your character doing 15 years later? segment producer in the first film and now she is sort of running the network. she is doing her thing as a producer. taking her time, focused on her career. she put love and relationship on the side burner to be this amazing producer. she made it and is realizing through the story -- i don't went to give too much away, but she sees that she truly is recognizing that there is power in being vulnerable and finding love. finding a partner. career isn't everything. that is something a lot of women struggle with. tavis: was there something or some things that you needed to see to come back to this? i am just a hollywood fan. sometimes people do stuff a second or third or f
. -- on tour. ♪ [portuguese singing] i still don't know if have it, but you've still got it. >> you definitely have it. you, tavissaying to for president. wish it uponif i you these days. trying to shut the government down, i don't want no part in that. you are always on the road. you are always in some strange part of the world. you're not tired of all this traveling? >> that part of everyday. everyday is thanks giving for me. i still have an audience, and they asked the local promoter, when is al coming back? i don't know what i would do anyway. tavis: how have you protected this instrument? >> i am closer to a baritone bass been trying to scream with those tender voices. i pushed my voice. i always try to stay fit. day, trying every to stay fit. to have too many bad habits. >> i went down on my knees in prayer, and i hated that you were so far from me i could not get you. i could not reach out to touch you, but i was rating for you. like tom a don't let that happen. like, don't let that happen. valves that were leaking, but i had not noticed anything until then. a couple of instances of but
a 60-year-old that makes $60,000, you don't get federal health to lower the cost of your health insurance. health insurance can still be expensive and i think this is one of the things that congress should look at. how tim prove the law to everyone has health care that's affordable. this was a piece that there were not great only options force us. californians that are losing old policies get the less new policy for them. >> let's look at the data of the team that signed up there was a lot of concern about the young people, the youpg invincibles would sign up. what did the data tell us about that? >> it's good data. here in california, you heard a lot about national websites not working et cetera. coverage ca.com is working great. we're signing up 10,000 people every single day. some of them going to medical and those people, about 21% of them are between the ages of 18 and 34. these are young people. those are the people that will be being part of our insurance pool, will make sure that in 2015, the rates for everyone stay as low as possible. >> another important demographic, l
, the autopsy, -- on the evidence, the ballistics, the autopsy. we don't try to make it into a false hero. he show that the case was always soft but that he brought out a lot of evidence that was later used in became important. tavis: a lot of things -- it occurs to me every time i see it with castingo do and you directing and a lot to do with their gifts and their talents, but the acting in this just holds up. these guys are so gifted. sutherland and costner, the entire cast, tommy lee jones. >> everyone is a face. is incredible. gary oldman as oswald. i love the cast. --re were seven signposts there were signposts. it is a competent story and the audience could lose some of those signposts. you remember who the people are. to ask if youoing thought this project may have been received different leave he did not have an all-star cast of a with less recognizable cases. we might've gotten lost in the storyline. >> i think it helped a lot. it was a fun movie in terms of tension. it keeps your interest. it grips you. it was a rough opening because, although we got eight nominations, oscar nominat
of the time not. i have been doing this for a little bit now. if you don't know by now, what i might be able to do, there are a number of directors out there and other creative folks who have said we like what you do and want to work with you. i have to say if there are any people i do owe a good deal of thanks to in the industry, it's the artist. who directors or writers took an interest in my work. i haven't always felt welcomed by the business aspect, by the studios, although that changes as well. artists who for some reason gravitated toward my work. i don't take that for granted. tavis: i wonder what difficulty you have deciding what you want to do. you wrestle with how you are going to explain why you took a particular role, as if somehow you owe me or the viewers an explanation. i guess you feel you have to justify to yourself why you take certain roles, given your politics. this stuff doesn't happen easily to you. you are such a complex human being who has views on the world. sometimes they are controversial, but i wonder, is the process of you choosing roles that fraught with diffic
network television can and will do? >> not at all. i don't think network television really has changed that much, in terms of what you can or can't do. i had always thought that in my really -- nypd blue would open those doors. while i think that it created a ,uch broader template for cable i don't think it really did that much for network tv. tavis: i'm surprised you say that. andlanguage is more saucy more spicy, the sexual innuendo is more in-your-face now than ever before. you don't think tv has changed that much since that era? company" --"freeze "three's company"? it was wall-to-wall sexual innuendo. that kind of stuff has been a staple of the tv for a long time. what i always thought nypd blue would accomplish was not just in terms of a more realistic approach to language. when appropriate, given the kind of show you are doing, but also in terms of sexuality and the sort of legitimate portrayal of how people relate to each other on those levels. always -- there have always been cop shows, but the preponderance now of cop shows on tv, how do you read that? shows are by definition
't really matter anymore, that we don't need social provisions, we don't need the welfare state, that the survival of the fittest is all that matters, that in fact society should mimic those values in ways that suggest a new narrative. i mean, you have a consolidation of power that is so overwhelming, not just in its ability to control resources and drive the economy and redistribute wealth upward, but basically to provide the most fraudulent definition of what a democracy should be. i mean, the notion that profit making is the essence of democracy, the notion that economics is divorced from ethics, the notion that the only obligation of citizenship is consumerism, the notion that the welfare state is a pathology, that any form of dependency basically is disreputable and needs to be attacked. i mean, this is a vicious set of assumptions. >> are we close to equating democracy with capitalism? >> oh, i mean, i think that's the biggest lie of all actually. the biggest lie of all is that capitalism is democracy. we have no way of understanding democracy outside of the market, just a
all of these technological assets and human assets, we're not there, we don't know, and i think there is a lot of room for error. >> you can see robert greenwald's film in its entirety at the website unmanned.warcosts.com. i urge you to watch it with a companion because you will want to talk about the questions it raises concerning national security, drones, and the nature of war. then i'd like to know what you think. remember that in the excerpt we showed earlier the former drone operator says, "this is what we do, we kill people and break things, this is what our job is." it's true. once we insist on war as a solution, this is always the outcome. there is no way to avoid killing the innocent when you've determined to destroy your enemy. our own government has fought our wars by dropping atomic bombs on whole cities. by firebombing. carpet-bombing. by spreading the poison of agent orange over the homes and farms of noncombatants. by splashing burning napalm on children. in this war on terror, we're told either we put boots on the ground and see our own young men and women kille
about what you want to do and what you don't want to do at this point? >> i try to do what i said i would do, say yes to the things that make my heart beat faster. particularly if there is something scary about it. it is good for me to try to go there. thingspast year, doing like on 30 rock. it was so fun and so scary. i did not want to let anybody down. they are so fast. it is really sorting through the best of the things i offered. but the things that make it easier for me not to feel concerned if i am not working every minute is about seven years ago, i started writing music and i ended up with a publishing deal with universal music. we just got a tim mcgraw cut which is pretty exciting. tavis: pretty big, tim mcgraw. i just started writing a song with kris allen who won american idol for a small indie movie. it brings me great joy to do that. it is something i can do whenever i want to do it. i like that. tavis: seven years ago, you got this deal but you did not start writing music seven years ago -- >> i did, actually. tavis: hold up. seven years ago, you started to ?o music i
. and, you know, we have compassion for them. but i don't think anything made me as angry as that did. >> what were you angry at? >> the fact that it happened. how could such a tragedy happen? how could they -- not they. how could something like that, how could anyone even think about hurting young children? they're starting in life, they're enjoying life, they're a pleasure to have. they're exciting to be around. and someone ends their life like that. and i think, how senseless, and why aren't we doing anything to prevent that? >> so the politics of it made you angry also? >> absolutely. that's what drove it home is that, you know, i was, like anyone else, okay, this has to be the catalyst that our congressional leaders and our state leaders are going to say, this is it. this is enough. let's do something about it. >> we all know congress didn't really do anything about it. what makes you think sunnyvale, a city that's 140,000 people, one out of a hundred cities and towns in the bay area where there's 7 million people -- what makes you think one ballot measure in one town can make a
listen to themselves, and some, no matter how many records they have so, don't particularly like the sound of their own voice. there are actors who won't watch themselves. that you are not one of those. how just started learning to do that, because i have to. if i'm going to be the best in what i do, i have to study what i'm doing. i have to see it and hear it. i'm just starting to appreciate myself and the way i can look at , or listen to myself as much as i do now. is starting to be like, hey, i like myself now. then i can grow that way. what i did back in the day, i don't want to see it or hear it, i cannot grow. that is why listen to myself and watch myself now. >> i'm going to put you on the spot here. i know what we think of your music, all the fans. if he asked me what do you love , what is your favorite song? about ask you a question mary. when you talk about listening to yourself now, when you hear your voice, what do you hear? are there things you think you can still work on, things you are trying to perfect, are you happy with your voice at this point? >> i love that q
media center, which i head. >> we don't have a right to ask whether we're going to succeed or not. the only question we have a right to ask is, what's the right thing to do? what does this earth require of us if we want to continue to live on it? >> for wendell berry, the defense of the earth is a mission that admits no compromise. this quiet and modest man who lives and works far from the center of power on a farm in kentucky where his family has lived for 200 years has become an outspoken, even angry advocate for a revolution in our treatment of the land. >> "a warning to my readers." do not think me gentle because i speak in praise of gentleness, or elegant because i honor the grace that keeps this world. i am a man crude as any, gross of speech, intolerant, stubborn, angry, full of fits and furies. that i may have spoken well at times, is not natural. a wonder is what it is. >> berry rarely gives television interviews, but recently, here at st. catharine college, near louisville, he agreed to sit down with me to read some of his work and talk about his passions. >> good mornin
or role models. even if they know somebody they don't watch them go to work. i think the failures are more than successes. -- instructive than successes. give me one example of what you mean by your own personal failure. failure, --out my >> without my failure "dilbert" would not have existed. i tried to be a computer programmer. topent two years trying write games. it turns out i'm not a good programmer. i am working on an internet startup on the side, and all these things become knowledge you end up using somehow. they were beyond interesting. they are in some ways counter intuitive. bs argue that passion is when it comes to success. everyone says you have to be passionate about what you engage in. you say that is crap. >> when people get interviewed and they say, what is the secret to your success, they almost always say passion. what are the other answers? they would be embarrassing. i am smarter than you. how about, i got lucky? how about, my dad was rich. he got me started. none of those answers sound good. andabout, i was passionate, if you were more passionate you would be a billio
. there are so many potential fukushima's. and i don't mean just nuclear power plants, i mean our food system, i mean, you know, climate change. i mean, the expanding wars, the attack on our civil liberties. you know, we are up against the wall on so many issues where, as margaret points out, there are perfectly good solutions, if we could just do the right thing. so, you know, this is one of many issues around which we are mobilizing. and i personally am very heartened and encouraged to see how ready people are right now in this moment that we're in, this very historic moment. to see how ready people are to overcome traditional barriers to come together and unify and push against the system, against this big money, wall street dominated political and economic system to push for the real change that our survival actually depends on. and fukushima is just an incredible, timely illustration of this. >> we've seen now that, you know, the increased attention more and more that's being written about it in the media, so we're starting to see some movement. and we have to just keep building that attent
election cycle, it was actually more than $10 billion because most of the groups that analyze it don't look at state, local and referendum elections. and we also brought i think something very different to this. we're saying that, as you have this inflow of money, this huge amount of money flowing in, we also have the stand down of journalism. we have lost tens of thousands of journalists. newsrooms closing down, newspapers cutting back. the worldwide web has not filled the void by any means. and so we have a situation where massive inflow of money and the check and balance of journalism declining. you end up with almost a perfect situation for propagandizing the american people, from managing their debates into a narrow zone where those with the money will invariably prevail. >> let me be particular for a moment. look what's happening to local television stations. in just the last few months gannett company offered $1.5 billion for the 20 local stations of the belo corporation based in dallas. the tribune company $2.7 billion for 19 local stations. sinclair broadcast group, which is the na
york city. ♪ ♪ tavis: oh, my. you're sounding good, brother. you're sounding good. i don't get the chance to welcome often not only an amazing artist but one who also went to a great school. i get a chance to be in this moment for just a second with an indiana graduate and a fellow fraternity brother. this fraternity is all about achievement, and you have done that. >> i consider myself blessed. it was great to have gone to indiana. enjoying my life right now. >> i just saw joshua bail, another graduate. they have a wonderful music row graham. how did you end up there? >> i did undergraduate at this curveball. , and my teacher said, why don't you look at graduate school. he didn't want me to go to indiana. a was only one that had position left for classical music. i went there and fell in love with campus right away. end up in did you music when you were considering law? represent yourld self. that may not have been the worst route to go, but they seem so different, law and opera. >> i am one of six kids. be one ofwant to those people wearing suits. i had four sisters. i had to
involved. i kept up to date on the latest information. i have great doctors. to health care. don't?for those who >> there are countless folks who are not here. my rolodex is filled with people who didn't make it. there is no reason i should be still getting these calls. how has this gone from being a gay white male disease to being a black disease? never a gayit was white disease. they say it was promoted as a gay white disease. it is driven by poverty. in the united states from the the beginning we are 25% of cases. today we are nearly 50% of the cases. there are a number of factors. we were slow to respond to the epidemic. and lack of access to health care. linked to soy is many things. it, thee who don't get linkage between poverty and hiv- aids. many people see hiv-aids as the result of a bad choice. what does that have to do with poverty? >> for people most often don't have access to health care. a most often don't have access to information. a most often have to do maladapted tings just to survive. when people talk about poor choices, sometimes you choose to behave in a cer
and johannesburg, they have a lot going on that we don't hear on the news, but kids are being killed. kids are losing their lives. kids are murdering their parents because of this drug situation. we have issues with drug lords taking over communities. ahave partnered with wonderful couple, freddie and beth are. they have been working in the townships for years and years with local governments. it is actually moving forward right now. tavis: i have been reading about this. i'm so glad you are doing the work you are doing. it breaks my heart. you think of all that your countrymen and women went through to break the spine of apartheid. now, not unlike our inner cities, to be battling another war, another demon, called the drugs, it's just you can't catch a break. myi stood with guests on safari. we have done it for three years. i took guests into the township and into where workers come in south africa. we had 20 people in one room. that was the size of the room. at least four families were living -- if you see four beds in the room, that is for families. tavis: not for people, for families.
in conversations that get to that.y will i will leave it to the other show host to dig that up. i don't know if we have the front and the back cover. contemporary graham nash. there is a fascinating and heartbreaking story in this book about how you got introduced to the camera. your father turned you onto the camera and found himself imprisoned because of a camera and it had a profound impact on your life. tell me more about the camera story. >> he was a poor and hard- working man from the north of england. struggling with life after world war ii. was takingy photographs of me and my sister at the local zoo. he turned me on to the magic of photography when i was 10 years old. the first photograph was taken of my mother when i was 10. that was what? hadcamera that my father bought had been stolen. my father wouldn't tell. he consequently spent a year of his life in a very brutal prison in the north of england. who goes to jail for a year for a $30 camera? >> the people that can't afford good justice. of myto be the father family and the man of the house. our main breadwinner had been incarcerated.
. tavis: good water. great artists who perform this stuff but don't necessarily write it emma since you mention sinatra, con -- necessarily write it, since you was hisd sinatra, khon muse. he sang 87 songs from the same guy. >> one thing i can say about frank sinatra which white -- which i will say in my show is that he always acknowledged to the writers. if you ever notice in his live performances are you see -- or you hear a live album, he always gave them credit. tavis: and you do the same thing. i have seen you everywhere but the carlyle. this season, hope to get there and see you. i saw bobby short there when he was holding court for 30 some years. years and iere 36 have been there nine. i have been there every year since he passed away. by the time i catch him come i will be am a 60. [laughter] , i haveelieve that [indiscernible] mike is on the way over to brooklyn. tavis: you love that room. >> i was honored to be asked to do that. know, i got a call that bobby had passed away. he always did that holiday season. now i am doing what he also did. he would come back in may for a cou
, they can, but the reality is that most of them don't want to because they want to move into the new world of insurance under the affordable care act. it is not clear how much this will change. it may extend some policies and at the very latest unless there's an additional decision taken, some of those policies could go to the end of september 2015 but it is not likely so far as i can tell this will make a whole sale change. what the president was trying to resist gutting of obama care and this is a minimum fix that he's trying to offer. >> yes, as you mentioned, john, this is providing political cover for those senate democrats on the house that face reelection next year but the ta fact the white house acknowledges this could extend beyo beyond 2014 that sounds ominous for trying to fix this whole thing. >> it could, but i think that probably amounts to less than meets the eye, bill, and the reason is administration, they said that in their letter that was sent to state insurance commissioners earlier today. we've known that for most of the day, but what they are counting on is that the w
running higher. i don't think the equity market will come under pressure for significantly higher rates. >> reporter: in low rate environments, high yielding stocks out perform as investors are on the hunt for yield. health care and consumer staples, two sectors that offer the highest yield are up 80% since 2008 and while consumer staples and health care stocks are already up double digits this year, analysts say some of the stocks in these sectors are trading at an attractive evaluation. within pharm, fazer, altria and walmart but some say they are over valued and technology is the place to be. many offer an attractive dividend yield. they offer a yield above 2%. although dan greenhouse at btig says with the yield on the 10-year treasury notarizing, investors are more selective and looking for names that offer a yield higher than the yield on the ten-year note. according to wisdom tree, fewer than a third of stocks have a dividend yield above 2.7%, which is a yield on the ten-year treasury. big names, at and t, energy, and more. high growth sectors like tech, one theory experts agree o
. many don't do that. it could be put off by advert e advertising that makes up nearly all of twitter's earnings. facebook, yelp, linked in fighting for lucrative deals. it could be an up-mile climb for twitter. >> they need to make very significant changes to the features to be profitable and we don't know how the community around twitter will respond to that. >> old text bringing a fight and ibm sues over three patents. some risks are less straightforward, bad internet service could kick users off and could mean fewer mobile down houds and how twitter measures success could cause concern. in other words, are the timeline views the eyeballs from the early odds. former ceo of one.com casualty says times have changed. >> the focus is more on individual companies that have really stood the test of time, are generating major revenues, have massive multi-hundred million user bases, and i think that changes things. >> reporter: wall street has high expectations. there are more orders than shares to go around. twitter may go above $2 billion and valued at more than 17 billion. analysts say
. a lot of cash on the sidelines. where will that cash go, probably the stock market, right, uri? >> i don't think so. if the lead point in your argument is this is a bubble and we should buy stocks, that's a fairly weak argument. i don't know the country vince is in, but the one i'm in is a vast majority of america doing very poorly. what we have is an economy giving the illusion of being okay but when you look at it it's not and 90% of americans are living below means and having less disposal income than they used to. this is a long-term very gray drag on the economy, and i don't see strength from, you know, the upper 10% and from the enterprise dragging up the bottom. so, i think this is a market that's ignoring a lot of warning signs out there and will react accordingly when people get a little more sober. >> vince, quickly -- >> i don't -- [ overlapping speakers ] >> warning signs are out there, i don't know what warning signs are out there but there is no statistical bout to call for a bubble in the stock market. it just not there. we're used to the previous ten years growing our rev
wanted to make sure that our .hildren were specially guided you don't get that in schools. good at it.ery i don't think it is for everybody. if you are not good, you can hire other people to help you do it. my boy, they told us he is going to struggle. in kindergarten. now he is in the engineering program at asu. my daughter is a high school student at community college. she homeschooled until she was 17. it has really paid off for us. they have a firm foundation. take me back and tell me how you started getting so proficient. >> i started out as an oboe player. i went to berkeley high school in berkeley, california. i went off to college. you know, i wanted to play r&b, rhythm and blues. you are not going to do that on the oboe. sax.tched over to lots of good tenors, but nobody played bari. i learned to play the baritone sax, self-taught. i was ready to go, i met emilio at the pleasant county fair. 4 weekend, 1968. not just being proficient, but a lot of soul. where did that come from? it is one thing to make the switch to the instrument. that is not just practice. berkeley is a very
on time? why don't you sort out what she just said. >> i think this is going to hurt them. people like me who hate paperwork. we were promised you wouldn't have to deal with this if you have a good healthcare plan. nobody talked about, there's junk healthcare plans that don't cover hospitalization, that don't cover anything, really, and people like it because they haven't been sick. i am with eleanor on this. i think it will be duked out in the end on what your values are. african americans are for this because they need it. the working poor, they don't have health insurance and the whites are the other group in this case, they are against it. this will be duked out. you want health insurance or not from the government? >> mort. >> let me give you a factual. determine whether or not you were full-time or part-time work. the first six months of last year, these are labor statistics, we created jobs and lost 97,000 full-time jobs. now, we created, it balanced out a little bit, but that is a direct reflection of the anticipation that part-time jobs are not going to be covered by this insur
parker's playing, to his gift, and i don't mean spiritual in terms of religiosity. you know what i mean, don't you? >> right. he was, in reality, a very spiritual guy, because the first notesis, he knew that the don't care who plays them. and he knew that all music came , thatomewhere inside you the high road to yourself is inside you, it's not inside somebody else. so all of these things that he experienced when he was a kid in kansas city, all the different situations, he was constantly seeing people do things and produce things. and they're up session with beautiful things was something that he took very, very seriously. all of the guys did. duke ellington took it seriously. that comes oute always kind that is of like family. it is kind of familial. , whenever you hear makes youother, that think about something that is not trivial, because of your relationship to your mother. what i was trying to do in the book was just use different words again and again, or use a structure so that they would connect you to different times in this man's life. i was also trying to get the .eeling of
at the record lows. >> what has changed in the last year is that i personally just don't trust money managers. >> reporter: the uncertainty doesn't change much when it comes from the view of the market professionals, the experts. on the one hand, you have the optimistic camp. corporate earnings continue to flow in and for the most part they have been better than expectations, economic data in the u.s. is also improving, and europe is slowly working its way out of recession, even the market for initial stock is heating up, that can be interpreted at bullish industries, mark newton is keeping a close eye on stocks, they have been under-performing lately and that may indicate that stocks could be due for a pullback. paul hickey is looking at the market sentiment, saying that one indicator to watch is the investment's intelligence survey, saying that 85% of the responses are bullish. the last time it got to that number was back in may, and the s&p dropped. the important thing to remember is that no one can predict the future. for nightly business report. >>> and as dominic just mentioned, as we s
clearly and the first person really from the outside. i think it is time to go outside. i don't think the internal candidates are going to be selected, and i think the first thing they need to do is take a complete look at the enterprise, decide are they going to be an enterprise software, or are they going to be consumer and mobile? i would personally think they have to be a very broad did based company and get into the game. they missed out on so much of the game, so many opportunities, tyler, and i think they need somebody-- visionary and lead them where they need to go, otherwise with windows and office, that business could be at risk like ib m's business was 20 years ago. >> you say the next ceo should be a visionary. what do you think of alan of ford? is he the right man for the job? i'm sure you have your own list of candidates. who should be the ceo? >> i had the short list. cheryl san burg and john donahoe of ebay. i think alan is arguably the best ceo in the united states today. what he's done with ford is amazing. the job is not done. i hate to see him leave ford but he lea
his standing with the public. , it is becauset people see him as a kind of celebrity, and they don't care about the womanizing at this point. after all, he's gone. no recriminations about it at this point. as far as his health goes, people are impressed with the fact that he was so stoic and able to overcome the pain, the back pain he suffered, and all the difficult medical problems he confronted to achieve an election to win the presidency and then to function quite effectively as the chief executive. >> i wonder whether or not it is impossible at this point in history, given that so many of us believe that america lost its innocence when jfk was gunned down the way she was 50 years ago in dallas, whether or not it is possible then that any future president could ever rise to the level of adoration that we have for john f. kennedy, not just because he was handsome, not just because he was eloquent, and not just because he was married to jackie o. there were so many comparisons between brock obama and jenna kennedy when he ran. he got the endorsement of caroline kennedy and ted ken
.s. sometimes children don't want their parents to go into nursing homes, she says, sometimes the elderly are reluctant. even so most businesses expect their investments to fully mature, along with china's graying population. for nightly business report, in beijing. >>> still ahead, bit coin, you probably heard the term, but how does this virtual currency work? and why is congress holding their first-ever hearing on the matter. >>> you may have heard about bit coin, that is a virtual currency that has been around for about four years but is just now starting to gain more interests from retailers and from investorers. because of that, congress wants to find out more about the digital payment system, whether it is secure and if it is good or bad for consumers. mary thompson was at a house meeting here today in washington and joins us now. mary, let's start with the back backs, what is built coin? >> if you're going to buy one, you pay cash for bit coin. you keep it in an on-line wallet and can use the bit coins you have to pay for services and goods at retailers that accept the bit coins. n
on the plane. >> tell me i'm wrong, phil, but is the dreamliner star-crossed? >> no, i don't think so. i know everybody hates teething problems, but that is what you see here, happening with all new pla plane. >> all right, let's head to the 777 x, which states are in the running? >> there are at least 15 different sites around the country, probably about seven to ten states in considering, tyler, and we'll probably hear some kind of answer from boeing, it says in the first quarter of next year, definitely the second half of next year. >>> and still ahead on the program, what does an on-line retailer, a toy store and airline have in common? the answer is hidden in the fine print coming up. >>> chrysler says it won't have its initial public stock offering until next year at the earliest. the general manager says that an ipo this year is not practical. the ceo of both automakers has been arguing with the united auto workers union over just what the company's real market value is. >>> and holiday shoppers looking for a value may want to check out the latest consumer reports magazine out with thi
. the answer on that for equities will be to buy into the set back, not true in bonds. don't touch those because yeiels are going up. that would be one event that might cause instability in equities. another thing to watch for is the ten-year treasure rye yield. if the action in bonds turned into panic and you got a ten-year moving up to 4%, that would be enough to choke the housing market, and push the u.s. back towards recession. i don't think it will happen, but it's worth watching. and then lastly, you have to watch for any other kind of public policy error. in a way, the strength of the equity markets have been in spite of washington -- >> jim, i'm sorry, you have such good thinking on this. i'm afraid i have to interrupt this interesting conversation. you've given us a lot to think about. thanks so much. >> thank you susie, thanks, tyler. >>> well, earnings out after the bell from the computer giant hewlett packard, hp beat on both the top and bottom lines, expectations that is. earnings of a buck and a penny per share topping estimates by a penny on better than forecast revenues m
they be in terms of that cut back? >> well, i don't think we'll see tremendous amount of regressiveness. i think still, they will want to see consistent compelling evidence of the strength. just this time last month there was a considerable concern that the jobs report was too weak and so i think we'll want to see consistent evidence chl i think the december announcement is possible. i think much more likely could be in the first quarter, particularly january. for investors, actually, we continue to be of the mind that it's good news if we're talking about a federal reserve that is under taking the tapering program, because that means the under lying strength of the economy can actually weather -- >> absolutely. >> and is in need of less spin off. >> this is definitely good news. >> joe davis, chief economy most -- >> thank you. >>> more americans are letting fingers doing shopping. third quarter desktop based sales rose $7.5 billion, 16th consecutive quarter of increases. >>> it has been a rough week for the white house and it's embattled health care website. the promise is made to have all the
are wide open. i think we don't advertise it as well as she should. >> many of those kids and families don't even know they are eligible for those grants. >> that's right. i've been to several high schools and asked for a show of hands, how many knew if their family made $80,000 or less they would pay no tuition at the university and hardly anyone knows that. so -- >> so they write off the university as a possibility? >> they do it early, ninth, tenth grade so they aren't taking the prerequisite classes. it is challenging, so the students to success have to be prepared coming out of high school. >> you have not been met with open arms by everyone since you've come to california. there have been protests. students in particular upset about the immigration policy, deportation when you were secretary of homeland security. do they have a point? down where they are coming from? >> i think so. the plain fact of the matter was is that i, as -- i was as the secretary of homeland security, the chief enforcement officer for the nation's immigration law. we were moving and doing things we could admin
date. does it matter to you and how would this play out with markets and investors? >> i don't think it's a calendar date. the fed is tells us they want to taper. they don't want to continue to expand the balance sheet and want to do it based on their assessment there is sole jid growth and substantial improvement in the labor market. there was fears with the data and also with the concerns about washington, and also, something we've seen as the fed concerned that the market was linking tapering to rake's guidance. what we've had in the last number of weeks is better economic news, the fears around washington fading and the markets price the rate expectations, all of which puts them back on track for tapering if we get good numbers in terms of the labor market at the next one or two reports. >> but ben bernanke is constantly having to defend the fed for sending what is perceived to be mixed signals. one in the spring, setting a timetable and the argument and now talking perhaps about changing the benchmarks they will use to determine when. is this a fed trying to deal with changing mark
. it is a great story. for those who don't know the story of paul williams, whenever you fly into los angeles, that spider at the center of the airport, the revolving restaurant, he designed a spider. he designed some of the most beautiful homes in los angeles. he designed the polo lounge, the world-famous polo lounge, to beverly hills hotel. he designed it. i was going to tell the story about how paul williams, in meetings with white people, used to have to draw. >> first of all, there was a moment where they were considering, is he african- american? [laughter] is he a brother or not? while they would consider that, he always knew he had this very brief window to do his work. he would draw and design upside down so they would have the perspective before they could say, wait a minute, you were a black man. get out. as anld show his ability architect and designer before they even had any chance to kick them out. i think that is amazing. tavis: you are a bad man, sitting across the table with white folk, and drawn upside down to show them your brilliance. they didn't want to sit that close to
cylinders? >> buy back bonanza, are buy back company as better investment than ones that don't? >> picture perfect? kodak is back. the next chapter started today and shares traded on the big board but this is not your father's kodak or the one you used to know. can it succeed? that and more on "nightly business report" for friday, november 1st. >>> good evening everyone. americans are buying cars, a lot of them in showrooms across the country were bustling in october. despite the government shutdown, october was another month of strong auto sales, proof that the manufacturer in new car sales and trucks are one of the engines powers the economic recovery. each of the big three scored double digit sales gains and much of that on pickup truck. general motors was in the fast lane. sales surged almost 16% at ford sales grew 14% and chrysler they were up 11%. phil la bow joins us from chicago with more on that. it was an amazing month. you know, the headline numbers look fantastic but when you look under the hood there are some numbers that weren't so good like chevy volt numbers, they dropped.
did succeed in signing up? >> we don't really know. they didn't really give us demographic information. they just basically gave us the numbers of what they saw. in terms of people that actually selected a plan at this point, we're talking about 106,000 and as you mentioned, the majority of those came through the state based exchanges that have been working fairly well, only 26,000, nearly 27,000 managed to select a plan. some of them paid, a lot of them haven't but haven't select add plan through the federal exchange healthcare.gov. as we know, they had a lot of troubles for a lot of people. it's been frustrating. what is interesting is to see the wide variety, more people were able to select a plan on the california exchange than were on the federal exchange and this is just for the first month, some of the states had more updated numbers. in new york, pretty strong numbers, as well, just over 16,000, kentucky which has been fairly good for them, over 5500. but take a look at the states on the federal exchange. these are some of the states that have big uninsur susure populations lik
weekend, there is a 70% chance they will come back two or three times to buy. if they don't walk in on black friday, there is a 40% chance they will come back. the early bird specials on thursday and friday are the retail momentum changer to get the consumer in the store time and time again. >> talking about consumer spending and buying, what is the consumer mood? is your take on how much they are willing to open wallets? >> well, it's hard to say. i want to say three things. one is consumers will buy more gifts for more people but here is what is interesting. last year 35 to $50 was the number one gift range. today -- this year it's 25 to $35. they are buying more gifts but dropping lower and 20 to $25, it will be bigger. >> very quickly, hot product is going to be? >> computer. >> tablets? >> 16% -- >>i ipads -- >> it's 20%, tvs and -- one more point. the other question is how much will digital technology affect retailers because as you see, as people begin to click from the i -- you know, to the internet into their card, that's up 3,000 percent this year and as more retailers
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